Whitecap Resources Inc T.WCP

Back to 9$

[luckyturtle]

Look how fast she dives! Never hesitate when heading down lol

[DivChase]

Looks like I will be able to buy this back in the low 9's

[baranja]

Sure.. just wait. you will never see $9 on this ever.

[DivChase]

This is  the oil industry.  Haven't  you been paingattention to the last 10 years.   This stock can easily crack the 8$ barrier.   

[traderbri]

I've been (paingattention) for the last 40 years and still doing fantastic with stocks like WCP so dream on about $8.00 aint going to happen. Cheers

[traderbri]

You will see a bounce back from this oversold period. It surprized me it even broke through to $9.955 but that is to be expected with sell orders just under the magical $10.00  All the oil & gas stocks got walloped today so no worries here. Cheers

[DivChase]

I'd be worried.   This stock lagged the rest in the last several months.  Now it shows its propensity to nosedive almost the worst.   So what happens is if OPEC can't contain thier members?  What if Isreal finishes operations soon?   What if demand doesn't meet expectations? Some of this looks very likely to me.   I'd be very worried holding a stock

[baranja]

Oil is and will be the most important commodity in the history of the mankind and it will continue to be like that for loooong looong time regardless of those insignificant events. .

[DivChase]

For sure.  But for the time being, I'm interested in requiring an underperforming stock for its div again.   Target is 8% yield.   Look easily doable.  

[barneyj44]

Grant Fagerheim holds just shy of 3 Million shares and continues to buy. I don't know of many other Ceo's that are fully invested like he is. 

[tollycraft]

I feel the same.  We most definitly will be on our way  back up starting tomorrow, it will be slow, but I believe steady. Tolly

[Frank007]

No not $9 ....$7...lol

[DivChase]

7$ not likely.   8handle.  It's absolutely possible and I'm sure despite all the bluster, you all know it can happen quickly.    Heck it's only 10% away.   Look how fast it's tanked in the last week.  My target to get back in is low 9's.  that will get me the 8% div target.   It will probably still be a laggard but at 8%  yield, I

[Anschutz]

Anything in the $7s would be an absolute gift.  I think somewhere in the $8s is a real possibility.

[Anschutz]

Sorry meant to say 'somewhere in the $9s is a possibility'.

[Westcoastenergy]

I'm always confused by such ridiculous comments.  If the stock is so terrible, and such a "laggard", why is it so great that you are able to buy at $9???   Is it that much of a lesser laggard then if you buy stock at $9.  What am I missing? BTW, my acb is $0.88 so it is no laggard.  I nearly get my investment back every year in dividends.  Perspective

[DivChase]

Fairly self explanatory.  Sorry if you can understand my last post. 

[Citizen13]

Yep. Down on market down days and down on oil down days . What a downer.   Glad I trimmed on the last high.   $ 14 looking very distant now .  I have a June 30 2022 TD analyst price projection that I saved of $ 17.50 for WCP.  LOL.  No clue.